News Archives

NAFCU outlines support, opposition for several NDAA amendments

NAFCU outlines support, opposition for several NDAA amendments

NAFCU Senior Vice President of Government Affairs Greg Mesack Monday wrote to the House Rules Committee to voice the association’s priorities and concerns regarding the fiscal year 2023 National Defense Authorization Act (NDAA) as [...]

Disruption and digitization in auto finance

Disruption and digitization in auto finance

With auto e-commerce companies setting the standard for a fully digitized customer journey, bank leaders must be able to deliver a best-of-breed experience if they wish to compete. With the auto industry rapidly changing due [...]

How to grow while staying true to local roots

How to grow while staying true to local roots

Can a credit union with nearly 500,000 members and $9 billion in assets still authentically serve its local community? As consolidation trends continue and asset size is increasingly seen as a key indicator of [...]

Money: Where it’s coming from and where it’s going

Money: Where it’s coming from and where it’s going

New mechanisms for storing and transferring value are being introduced at a dizzying pace. An ever-widening array of options to earn and spend entirely in the digital world makes the cash-or-check world seem like a [...]

Get ready to share your #ilovemycreditunion story

Get ready to share your #ilovemycreditunion story

Credit union champions are taking to social media on Friday, July 29, to tell the world why they love their credit union. The Illinois Credit Union League is back again this year with another social [...]

5 ways to prepare for real-time payments

5 ways to prepare for real-time payments

Publisher’s Note: CUInsight is hosting a free webinar Wednesday, July 27th titled, “FedNow Service 2023: Your Questions Answered”. We hope you’ll join us! Register here. With the current rate of adoption and usage [...]

NCUA

Regulators issue statement on risk-based approach to due diligence

NCUA issued a Letter to Credit Unions (22-CU-08) on an interagency joint statement noting credit unions must  take a risk-based approach to assessing individual member risk. The statement, which comes from NCUA and other federal [...]

This week: Congress returns, NAFCU survey responses due

This week: Congress returns, NAFCU survey responses due

Members of Congress return to Washington this week where they will hold multiple hearings of interest to the credit union industry. The House is also scheduled to consider the FY 2023 National Defense Authorization Act [...]